Change - Announcement of Cessation::Cessation as Non-Executive Non-Independent Chairman

Issuer & Securities

Issuer/ Manager
ROWSLEY LTD.
Securities
ROWSLEY LTD. - SG1M49904634 - A50
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Nov-2015 17:33:29
Status
New
Announcement Sub Title
Cessation as Non-Executive Non-Independent Chairman
Announcement Reference
SG151130OTHRZFSO
Submitted By (Co./ Ind. Name)
Kannan Malini
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as Non-Executive Non-Independent Chairman of the Board of Directors ("Board"), Chairman of the Corporate Disclosure Committee ("CDC") and the Investment Committee ("IC") and Member of the Nominating Committee ("NC")

Additional Details

Name Of Person
Chiang Chie Foo
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
01/12/2015
Detailed Reason (s) for cessation
To pursue personal interests
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/01/2014
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Chairman of the Board, Chairman of the CDC and the IC and Member of the NC
Role and responsibilities
Duties as Non-Executive Non-Independent Chairman of the Board and as Chairman of the CDC and the IC, as well as duties as Member of the NC
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest of 20,000 ordinary shares and 40,000 warrants (held by spouse)
Past (for the last 5 years)
1. Singapore Technology Holdings Pte Ltd
2. SAFRA Resort Country Club Pte Ltd
3. Rowsley Ltd.
Present
1. Lee Kuan Yew Exchange Fellowship
2. Central Provident Fund Board
3. Valencia Club de Futbol